Hamilton Lane has launched Hamilton Lane Global Venture Capital and Growth Fund (HLGVG), an evergreen investment vehicle focused on venture and growth opportunities in private markets.
The fund is open to select high-net-worth investors, their advisors, and institutional investors across Europe, Asia, Latin America, the Middle East, Australia, New Zealand, and Canada.
The fund provides investors with access to Hamilton Lane’s global venture capital platform, targeting disruptive technologies and innovative businesses. It will leverage the firm’s expertise in private markets co-investments and secondaries to source high-quality deal flow. As an evergreen vehicle, the portfolio is diversified across vintage year, transaction type, manager, strategy, and geography.
The fund builds on Hamilton Lane’s commitment to innovation and digital transformation under its HL Innovations initiative, which includes proprietary investment technology, the Cobalt platform, and strategic balance sheet investments.
“With companies staying private for longer, many of today’s most attractive investment opportunities are in the private markets. HLGVG aims to capitalize on disruptive innovations, including AI-driven growth in tech businesses,” said Matthew Pellini, Co-Head of Venture Capital and Growth Equity at Hamilton Lane.
“Our launch of HLGVG, one of the few venture-focused evergreen products globally, allows clients to access some of the most inaccessible parts of the private markets. We believe these structures will play an increasingly important role in sophisticated investors’ portfolios,” said James Martin, Head of Global Client Solutions.
Hamilton Lane has been active in venture and growth equity for nearly three decades, maintaining over 260 established relationships and over 370 investments, with total assets under management and supervision of $117.8 billion. HLGVG is the latest addition to the firm’s broader platform of over $13 billion AUM, reflecting its ongoing expansion of venture-focused strategies globally.
